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| Price $1,314,752 | Built/Renov 2020 | Tenant Dollar General |
| Cap Rate 6.25% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
9,100
| Lease Start
03-01-2023
| #Units
19,294
|
| Price/SF $144.48 | Expiration
03-02-2035
| Tenant Type Dollar/Discount |
| NOI $82,172 | R. Term 10.3 | Ownership Fee Simple |
| Rent/SF
$9.03
| Increases 10.0%/2/yrs | Pop 5Mi 6,017 |
| Lot/AC 1.14 | Options 4/5yrs/10% | AHHI 5Mi $57,641 |
| | |
This newly constructed Dollar General is strategically located along Old Somerset Pike seeing over 500 vehicles per day. The site offers limited competition as the next closest Dollar General is 6 miles away. The property benefits from its location within a residential area providing a direct consumer base for the site to draw from. The 5-mile trade area is supported by 6,017 residents earning...
...New construction
Oversized lot
Major thoroughfare
Strategically located
Absolute NNN
Long 10+ yr lease
Limited competition
Traded and rated company
Corporate Guarantee
Investment grade tenant
Dollar General Corporation (NYSE: DG) is an American chain of variety stores. As of 2023, Dollar General operates more than 19,200 stores in 47 states and Mexico. The stores deliver everyday low...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 1,197 | 2,877 | 6,812 |
| 2023 Total Population : | 1,190 | 2,877 | 6,867 |
| 2023 Employed Civilian Pop : | 531 | 1,243 | 2,741 |
| 2023 Total Businesses : | 29 | 42 | 139 |
| 2023 Average Household Income : | $ 60,145 | $ 63,154 | $ 63,381 |
| 2023 Total Consumer Spending : | $ 25 M | $ 65 M | $ 155 M |
| 2023 Median Age : | 43 | 44 | 44 |
| 2023 Total Households : | 472 | 1,156 | 2,759 |
| 2023 Pop Age 25+: Bachelor's Degree : | 92 | 198 | 436 |
| 2023 Average Home Value : | $ 168,004 | $ 162,834 | $ 173,542 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| S Main St | Cs-2020 | 2002 | 6,961 | 0.14 mi |
| Cs-2028 | Pine Ave | 2010 | 637 | 0.16 mi |
| W Main St | Sigmon St | 2001 | 4,779 | 0.24 mi |
| Boone Way | Cs-2033 | 2001 | 2,026 | 0.25 mi |
| S Main St | Maple St | 2014 | 2,735 | 0.33 mi |
| Chestnut Grove Rd | Cs-2002 | 2010 | 451 | 0.33 mi |
| Silver St | West St | 2001 | 985 | 0.33 mi |
| South Main Street | Bussell St | 2018 | 58 | 0.50 mi |
| Cups Chape Rd | Possum Kingdom Rd | 2010 | 70 | 0.54 mi |
| Dix River Branch Rd | 2010 | 295 | 0.60 mi |
Caledonia, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 4.10 yrs
Size/SF 9,301
Anderson, SC
Cap Rate 7.25%
Lease Double NN
R. Term 5.20 yrs
Size/SF 8,320
Magazine, AR
Cap Rate 6.15%
Lease Abs NNN
R. Term 10.10 yrs
Size/SF 9,026
Livingston, TX
Cap Rate 6.49%
Lease Abs NNN
R. Term 4.10 yrs
Size/SF 9,026
Athens, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.80 yrs
Size/SF 10,640
Sligo, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.20 yrs
Size/SF 9,100
Burkesville, KY
Cap Rate 6.70%
Lease Double NN
R. Term 2.20 yrs
Size/SF 12,000
Woodland, PA
Cap Rate 7.10%
Lease Abs NNN
R. Term 6.90 yrs
Size/SF 9,026
Falls Creek, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.11 yrs
Size/SF 10,640
Jasper, TX
Cap Rate 6.75%
Lease Abs NNN
R. Term 9.10 yrs
Size/SF 9,230
Bitely, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 10,640
Strawberry Plains, TN
Cap Rate 7.25%
Lease Abs NNN
R. Term 4.40 yrs
Size/SF 9,750
Weidman, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 11.90 yrs
Size/SF 9,100
Strongstown, PA
Cap Rate 7.09%
Lease Abs NNN
R. Term 6.90 yrs
Size/SF 9,100
Humnoke, AR
Cap Rate 6.15%
Lease Abs NNN
R. Term 11.30 yrs
Size/SF 9,002
Saltsburg, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 13.00 yrs
Size/SF 10,640
Beaumont, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 4.60 yrs
Size/SF 9,026
Livingston, IL
Cap Rate 6.75%
Lease NN+
R. Term 9.30 yrs
Size/SF 9,002
Sunfield, MI
Cap Rate 6.40%
Lease Abs NNN
R. Term 13.70 yrs
Size/SF 10,640
Sturgis, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 10,640
Reidsville, NC
Cap Rate 7.25%
Lease Abs NNN
R. Term 6.10 yrs
Size/SF 8,320
Bostic, NC
Cap Rate 7.10%
Lease Abs NNN
R. Term 8.90 yrs
Size/SF 9,100
Odessa, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 8.80 yrs
Size/SF 9,100
Rustburg, VA
Cap Rate 7.10%
Lease Abs NNN
R. Term 8.30 yrs
Size/SF 9,100
Wonder Lake, IL
Cap Rate 7.25%
Lease NN+
R. Term 8.60 yrs
Size/SF 12,300
Waterflow, NM
Cap Rate 7.00%
Lease Abs NNN
R. Term 11.90 yrs
Size/SF 9,100
Spring Church, PA
Cap Rate 7.10%
Lease Abs NNN
R. Term 7.10 yrs
Size/SF 9,100
Marion, IN
Cap Rate 7.00%
Lease Abs NNN
R. Term 9.00 yrs
Size/SF 9,100
Iron River, WI
Cap Rate 7.00%
Lease Abs NNN
R. Term 10.50 yrs
Size/SF 9,100
Josephine, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.50 yrs
Size/SF 10,640
Ripley, OH
Cap Rate 7.25%
Lease Abs NNN
R. Term 9.50 yrs
Size/SF 9,214
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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